Stocks to watch: ThaiBev, ST Engineering, First Reit, Vertex Technology
Add BT as a preferred source
Michelle Zhu
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 28):
Thai Beverage (ThaiBev): The beverage manufacturer posted earnings of 30.1 billion baht (S$1.2 billion) for the full FY2022, up 22.2 per cent from net profit of 24.6 billion baht in FY2021 on higher sales revenue. The group has proposed a final dividend of 0.45 baht per share, higher than the final dividend of 0.35 baht last year. Shares of Thai Beverage ended the week down 0.8 per cent or S$0.005 at S$0.61, before its financial statements were released Friday.
Singapore Technologies Engineering (ST Engineering): The defence and engineering group on Monday posted a 19 per cent rise in revenue of S$6.5 billion for the nine months ended Sep 30, with higher contributions across all business segments. The counter closed 0.6 per cent or S$0.02 higher at S$3.49 on Friday.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As war unsettles the Gulf, wealthy families reassess where to place capital and relocate
MOH addressing rising healthcare costs, but cannot control commercial insurance decisions: Rahayu Mahzam
